1345 Trace Dr, Aubrey, TX 76227
4 beds · 2 baths · sqft
Prime Location Alert! Discover this stunning single-story 4-bedroom, 2-bathroom home in Aubrey’s highly sought-after Winn Ridge neighborhood. Renowned for its top-rated schools and exceptional amenities—including a pool, park, and scenic walking trails—this community offers an unmatched lifestyle. Perfectly situated just minutes from Frisco, Prosper, Little Elm, and Celina (all within a 6–10 mile radius), this home provides quick access to the DNT and Highway 380. You'll be close to exciting destinations like the new PGA Headquarters, the upcoming Universal Studios, and the new HEB (just 2.1 miles away)—with a Costco coming soon! Step inside this light-filled home featuring an open floor plan that seamlessly connects the spacious living, dining, and kitchen areas—ideal for entertaining or everyday living. The modern kitchen boasts granite countertops, ample cabinetry, and a generous island with seating, creating the perfect gathering space. Relax in the private master suite, complete with a walk-in closet and en-suite bath. Three additional bedrooms, two full baths, and a utility room add to the home’s functionality and charm. Outside, unwind on the covered patio overlooking the spacious backyard, or enjoy cozy evenings by the firepit. Don’t miss out on this exceptional home in a prime location with fantastic amenities and proximity to all the best the area has to offer!
Source: NTREIS #20783715
Interest rate and monthly payment estimated based on public records.
Source: NTREIS #20783715
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
MLS ID: #20783715
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.